Although Iowa is recognized as one of the more permissive states when it comes to loan industry that is payday

Customer Protection and Iowa Payday Advances

You can still find some foibles that put customer protection first into the state. Payday advances in Iowa are controlled by way of a continuing state legislation called the Delayed Deposit State Licensing Act. The standard is set by this act for pay day loan operator procedures into the state.

The Iowa Division of Banking monitors cash advance operators. Customers whom genuinely believe that they are a victim of a nasty loan provider’s fraudulent actions can register a complaint that is official the agency. The agency will investigate then.Read More